Commit To Purchase Meta Financial Group At $85, Earn 12.8% Annualized Using Options
September 11, 2018 at 12:47 PM EDT
Investors considering a purchase of Meta Financial Group Inc (CASH) shares, but tentative about paying the going market price of $85.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $85 strike, which has a bid at the time of this writing of $5.50..